According to the report, these funds were directed to several priority sectors in support of the efforts undertaken by the state to implement major development projects, in implementation of the sustainable development goals. While the social housing sector and water and sanitation networks received financing worth $1.77 billion, from the Swedish International Fund, the French Development Agency, Germany, the International Islamic Trade Finance Corporation, and the World Bank Group. In the health sector, the Ministry concluded development financing worth $136 million from the United States of America, Germany, and the European Union. Financing in the local development sectors amounted to $90 million, from the World Bank, the United States of America, Canada, and China, and trade and industry financing amounted to $53 million, from the European Bank for Reconstruction and Development and the Islamic Development Bank. For more details about the annual report of the Ministry of International Cooperation:https://moic.gov.eg/ar/page/annual-report-2023


Source:   Egypt Today
December 18, 2023 06:44 UTC